What is the name of your state? VA
I was rear ended my an underage drunk driver in Feb. of 2004. I was a passenger in the vehicle and just received a settlement in September of 2005. I was wondering if I had to claim this on my taxes. I am in the military, and although I did miss about a month of work, I did not lose any wages, therefore I figured the whole settlement is tax free....thoughts?
I was rear ended my an underage drunk driver in Feb. of 2004. I was a passenger in the vehicle and just received a settlement in September of 2005. I was wondering if I had to claim this on my taxes. I am in the military, and although I did miss about a month of work, I did not lose any wages, therefore I figured the whole settlement is tax free....thoughts?